Schedular Tax activity as defined by IRD.

2025-03-07T22:44:35+00:00March 7th, 2025|Articles, Business Tips, IRD|

The schedular tax regime falls under the PAYE rules and typically applies to require tax to be withheld from self-employed individuals if they perform certain types of work, which could be as diverse as 'modelling or shearing'. Ordinarily, most payments to contracted companies are not subject to schedular tax. However, payments to companies for the supply of [...]